Redfin stock price closed at $7.71 today, marginally higher by 0.4%. The modest uptick came amid mixed macro data; however, homebuyer activity remains in focus as seasonal trends typically lift Q2 performance. Plus, after stripping out one-off and non-cash expenses, Douglas Elliman actually delivered positive adjusted (non-GAAP) earnings before interest, tax, depreciation, and amortization (EBITDA) of roughly $260,000, which was a big swing from the $14.7 million adjusted EBITDA loss it generated in the year-ago period. Upon the agreement, Kelman will continue to run Redfin's business, reporting to Rocket Companies CEO Krishna. As of market close, Redfin stock price stood at $7.72, up 2.1% intraday. The move came as mortgage rates eased slightly, potentially improving housing market activity. Technical charts suggest a short-term breakout pattern forming, with resistance near $8.